James Johnson
What to do with $100,000
If you have little to no experience with rental property (just bought a book on landlording) and had $100,000 to invest only in real estate, where and how would you invest it?
1. buy as big a multi unit complex th...
Nick Sansivero
Bank of America announces zero down payment loans
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
John Acheson
Do you want to get into commercial real estate?
Arguably, one of the 1st steps in commercial is to have a seasoned LLC to be able to get financing. I've been researching the main differences between traditional mortgages for residential and commercial lending and j...
Travelle Mason
Experience with REDlining
It isn't anything new and it has been well documented (whether you are aware of it or not). I'm curious to know if there are any personal experiences with redlining for those seeking conventional mortgages, especially...
Tom R.
Whats you're credit score drop off for potential renters?
My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...
Kevin D.
California Investor looking to invest out of state but have a problem with DTI
Hi,I'm a newbie investor from California who's looking to invest out of state because the fundamentals in California is out of whack. My first investment was a 4-plex in a bad neighborhood in San Jose with low quality...
Vince DeCrow
Investing in Crowdfunded Real Estate? Here Some Risks to Assess
Investing involves risks and rewards – and usually the higher the risk, the greater the potential for significant gains and losses of invested equity. Intuitively, we understand that it’s necessary to take more invest...
Varun M.
Pulling out equity from primary residence
Hi BP friends,
Following some great advice on this thread: https://www.biggerpockets.com/... we are looking into refinancing options to pull equity out of our primary home in SF, and use it to build our investment po...
Aamir Shah
What to do past 10 properties
I have finally acquired 10 rentals. Hooray! Now I'm stuck. All rentals are out of state in MI. I am from CA. The 10 rentals are fannie mae loans. I want to keep buying more rentals, but am stuck on financing. Called...
N/A N/A
No Doc/ARV...Does It Exist?
Please excuse my ignorance. I am just getting started, so please be gentle. LOL!
I just spoke with a lender today, that was checking on a No Doc loan for me.
We seemed to have miscommunicated somewhere along the line...